Bridgeline Short Long Term Debt vs Common Stock Analysis
BLIN Stock | USD 1.43 0.02 1.38% |
Bridgeline Digital financial indicator trend analysis is way more than just evaluating Bridgeline Digital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgeline Digital is a good investment. Please check the relationship between Bridgeline Digital Short Long Term Debt and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgeline Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.
Short Long Term Debt vs Common Stock
Short Long Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridgeline Digital Short Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bridgeline Digital's Short Long Term Debt and Common Stock is 0.25. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Bridgeline Digital, assuming nothing else is changed. The correlation between historical values of Bridgeline Digital's Short Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Bridgeline Digital are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Long Term Debt i.e., Bridgeline Digital's Short Long Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Common Stock
Most indicators from Bridgeline Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgeline Digital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgeline Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.As of the 29th of December 2024, Enterprise Value is likely to grow to about 13.1 M, while Selling General Administrative is likely to drop about 2.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.7M | 10.9M | 10.4M | 10.0M | Total Revenue | 16.8M | 15.9M | 15.4M | 18.2M |
Bridgeline Digital fundamental ratios Correlations
Click cells to compare fundamentals
Bridgeline Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bridgeline Digital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.7M | 35.0M | 27.5M | 17.6M | 20.3M | 23.7M | |
Other Current Liab | 553K | 4.1M | 948K | 991K | 1.1M | 1.4M | |
Total Current Liabilities | 3.6M | 8.3M | 4.8M | 4.7M | 5.5M | 5.0M | |
Total Stockholder Equity | 4.4M | 17.6M | 20.4M | 11.5M | 10.3M | 11.0M | |
Property Plant And Equipment Net | 532K | 733K | 857K | 541K | 486.9K | 841.2K | |
Current Deferred Revenue | 1.5M | 2.1M | 1.9M | 2.1M | 2.4M | 1.4M | |
Net Debt | (479K) | (6.4M) | (1.3M) | (1.3M) | (1.2M) | (1.1M) | |
Retained Earnings | (73.6M) | (82.3M) | (80.1M) | (89.6M) | (80.6M) | (76.6M) | |
Accounts Payable | 1.3M | 974K | 972K | 1.3M | 1.4M | 1.3M | |
Cash | 861K | 8.9M | 2.9M | 2.4M | 2.7M | 2.3M | |
Non Current Assets Total | 8.8M | 24.5M | 23.2M | 14.0M | 16.1M | 18.3M | |
Non Currrent Assets Other | 49K | 76K | 123K | 73K | 65.7K | 62.4K | |
Cash And Short Term Investments | 861K | 8.9M | 2.9M | 2.4M | 2.7M | 2.3M | |
Net Receivables | 665K | 1.4M | 1.2M | 1.0M | 903.6K | 858.4K | |
Common Stock Shares Outstanding | 3.6M | 5.9M | 10.4M | 10.4M | 10.4M | 10.9M | |
Liabilities And Stockholders Equity | 10.7M | 35.0M | 27.5M | 17.6M | 20.3M | 23.7M | |
Non Current Liabilities Total | 2.7M | 9.1M | 2.4M | 1.4M | 1.6M | 1.6M | |
Other Current Assets | 379K | 196K | 242K | 278K | 319.7K | 403.9K | |
Other Stockholder Equity | 78.3M | 100.2M | 100.7M | 101.3M | 116.5M | 122.3M | |
Total Liab | 6.3M | 17.4M | 7.2M | 6.2M | 7.1M | 8.6M | |
Property Plant And Equipment Gross | 532K | 733K | 1.2M | 997K | 897.3K | 871.9K | |
Total Current Assets | 1.9M | 10.4M | 4.3M | 3.7M | 3.3M | 3.9M | |
Intangible Assets | 2.6M | 7.8M | 6.3M | 4.9M | 5.6M | 5.9M | |
Other Assets | 115K | 49K | 76K | 123K | 110.7K | 105.2K | |
Property Plant Equipment | 299K | 238K | 733K | 857K | 771.3K | 890.5K | |
Other Liab | 22K | 41K | 7.5M | 658K | 756.7K | 1.2M | |
Net Tangible Assets | (5.3M) | 4.4M | (6.2M) | (1.9M) | (1.7M) | (1.6M) | |
Non Current Liabilities Other | 15K | 774K | 646K | 572K | 514.8K | 519.7K |
Pair Trading with Bridgeline Digital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bridgeline Digital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bridgeline Digital will appreciate offsetting losses from the drop in the long position's value.Moving together with Bridgeline Stock
Moving against Bridgeline Stock
0.69 | S | SentinelOne | PairCorr |
0.61 | VRNS | Varonis Systems | PairCorr |
0.51 | IOT | Samsara | PairCorr |
0.5 | DTSS | Datasea | PairCorr |
0.48 | DOCN | DigitalOcean Holdings | PairCorr |
The ability to find closely correlated positions to Bridgeline Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgeline Digital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bridgeline Digital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bridgeline Digital to buy it.
The correlation of Bridgeline Digital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bridgeline Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgeline Digital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bridgeline Digital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgeline Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bridgeline Digital. If investors know Bridgeline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bridgeline Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.125 | Earnings Share (0.19) | Revenue Per Share 1.468 | Quarterly Revenue Growth 0.007 | Return On Assets (0.07) |
The market value of Bridgeline Digital is measured differently than its book value, which is the value of Bridgeline that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgeline Digital's value that differs from its market value or its book value, called intrinsic value, which is Bridgeline Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bridgeline Digital's market value can be influenced by many factors that don't directly affect Bridgeline Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bridgeline Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgeline Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgeline Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.